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Drewry: Shipowners put money in ships instead of containers

Container carriers prefer to lease containers as opposed to investing in new containers for their vessels. The money goes to investments in larger vessels instead, notes Drewry.

There is not a lot of action in the sales of new containers for major line carriers.

These days, players such as Maersk Line, MSC, CMA CGM and others are opting to invest huge amounts in new mega-vessels instead, which means that to a great extent they lease containers as opposed to purchasing new ones. One way for this to take place is for the carriers to sell old containers to the leasing companies and then lease them back.

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